Medicaid
is gradually becoming a favorable healthcare insurance option for
families under the Affordable Care Act. After years of coverage for
pregnant women, children, and persons with disabilities, the law
allowed eligibility for Medicaid for parents in the lower-income
bracket or single adults with no kids.
The
Medicaid expansion was one of the major provisions at stake in the
ACA cases decided by the Supreme Court in June 2012. The Supreme
Court upheld the Medicaid expansion, but limited the federal
government's ability to penalize states that don't comply. Therefore,
where it was originally mandatory for states to expand Medicaid, now
it’s effectively optional.
While
some states might not participate in the expansion given this
decision, most states are predicted to eventually expand their
programs. The CBO predicts that 11 million Americans will gain
coverage by 2022 through this provision.
Medicaid’s
recent expansion will no doubt require health care providers to
improve their existing healthcare revenue cycle management systems.
Any such improvement should help monitor a practice’s income by
improving the efficiency with which it determines patient insurance
eligibility, collects co-pays, and codes claims under the new
healthcare system.
Eligibility
experts can facilitate this transition and ensure that healthcare
providers as well as their patients are properly covered under the
new system.
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